Gareth Davies
Conservative - Grantham and Bourne
4,496 (9.7%) majority - 2024 General ElectionFirst elected: 12th December 2019
Shadow Financial Secretary (Treasury)
(since November 2024)Shadow Parliamentary Under Secretary (Business and Trade)
(since July 2025)1 APPG Officer Position (as of 31 Jul 2025)
Private Capital2 APPG Memberships
Explosive Weapons and their Impact, Financial Education for Young People4 Former APPG Officer Positions
Environmental, Social, and Governance, Financial Markets and Services, Sustainable Finance, VeteransDivision Voting information
Debates during the 2024 Parliament
Speeches made during Parliamentary debates are recorded in Hansard. For ease of browsing we have grouped debates into individual, departmental and legislative categories.
Sparring Partners
View All Sparring PartnersDepartment Debates
(68 debate contributions)
(4 debate contributions)
(2 debate contributions)
(2 debate contributions)
Legislation Debates
(7,901 words contributed)
(6,665 words contributed)
(1,551 words contributed)
Grantham and Bourne Petitions
e-Petitions are administered by Parliament and allow members of the public to express support for a particular issue.
If an e-petition reaches 10,000 signatures the Government will issue a written response.
If an e-petition reaches 100,000 signatures the petition becomes eligible for a Parliamentary debate (usually Monday 4.30pm in Westminster Hall).
of 195,282 signatures (0.26%)
of 53,618 signatures (0.23%)
of 187,219 signatures (0.20%)
of 248,625 signatures (0.19%)
of 70,721 signatures (0.19%)
of 867,652 signatures (0.19%)
of 195,282 signatures (0.26%)
of 248,625 signatures (0.19%)
of 187,219 signatures (0.20%)
Latest EDMs signed by Gareth Davies
Commons initiatives
These initiatives were driven by Gareth Davies, and are more likely to reflect personal policy preferences.
MPs who are act as Ministers or Shadow Ministers are generally restricted from performing Commons initiatives other than Urgent Questions.
Gareth Davies has not been granted any Urgent Questions
Gareth Davies has not been granted any Adjournment Debates
2 Bills introduced by Gareth Davies
A Bill to extend eligibility to paternity leave and pay; to make provision for more flexibility in the timing of, and notice period for, paternity leave; and for connected purposes.
Friday 6th May 2022
A Bill to extend eligibility to paternity leave and pay; to make provision for more flexibility in the timing of, and notice period for, paternity leave; and for connected purposes.
Monday 20th June 2022
2 Bills co-sponsored by Gareth Davies
Unauthorised Development (Offences) Bill 2021-22
Sponsor - Gareth Bacon (Con)
Recall of MPs (Change of Party Affiliation) Bill 2019-21
Sponsor - Anthony Mangnall (Con)
Latest 43 Written Questions
(View all written questions)The Cabinet Office does not hold information on the estimated number of people employed by private sector organisations contracted by Government Departments to deliver public services. Individual departments are responsible for managing their contracts in the usual way.
Parliamentary Secretary (Cabinet Office)
The information requested falls under the remit of the UK Statistics Authority.
A response to the Hon. Gentleman’s Parliamentary Question of 21 November is attached.
Parliamentary Secretary (Cabinet Office)
The Department for Transport leads on policy to reduce transport emissions and is making great strides in transitioning to greener aviation. Measures to date include introducing the Sustainable Aviation Fuel Mandate, delivering the airspace modernisation programme - which will see cleaner, quicker and quieter journeys - and providing nearly a further £1 billion of funding to support the develop of low and zero emission aerospace technologies through the Aerospace Technology Institute.
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
Decarbonising the power system by building more solar will increase energy security by reducing the UK’s dependence on imported oil and gas, which will in turn reduce the exposure of consumer bills to volatile international prices. Currently the cost of electricity tracks the cost of gas because gas generation sets the marginal wholesale price. Decarbonising the power system would break this link and in turn the exposure of UK electricity prices to global gas prices.
Through the Clean Power Action Plan, the Government has made clear that where communities host clean energy infrastructure, it will ensure they benefit from it.
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
Details of Ministers’ and Permanent Secretaries' meetings with external individuals and organisations are published quarterly in arrears on GOV.UK.
Published declarations include the purpose of the meeting and the names of any additional external organisations or individuals in attendance.
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
1 Department for Digital, Culture, Media & Sport Questions
(View all Gareth Davies's DCMS questions)A fully comprehensive assessment of the social and spiritual contribution churches, whether in their physical or congregational form, make to the nation would be beyond the scope or ability of any government. They provide sanctuary, enlightenment, succour, warmth and solidarity. They offer a space in which to celebrate, congregate and commiserate; a place in which to witness some of the greatest art and architecture, ancient and modern; and a venue to mark the great occasions of our lives as individuals, as a community and as a nation. For many people of faith they offer a sense of purpose, commitment and shared religious identity. In many cases they also offer rooms for voluntary groups, rehearsal spaces and act as our most important valuable visitor attractions.
In addition, the Government is aware of external research carried out by the National Churches Trust, which shows that for every £1 invested in church buildings there is an estimated Social Return on Investment of £3.74, which can go up to £18.10 when alternative wellbeing valuation methods are used.
Minister of State (Department for Culture, Media and Sport)
Through this Government’s commitment to the Triple Lock, the full yearly rate of the new State Pension is forecast to increase by around £1,700 by the end of this Parliament. This estimate accounts for potential income tax payable on the full new State Pension income alone, based on current legislation. Where people have other income, income tax may be payable, as has always been the case.
The Personal Allowance threshold is £12,570 per annum and frozen until 2027/28 then assumed to be uprated by CPI till the end of parliament (29/30). The new State Pension is £11,542 per annum and assumed to be uprated by Triple lock till the end of parliament. Economic assumptions for CPI and Triple Lock are consistent with OBR’s Spring Budget 2024 forecasts. OBR’s Spring Budget 2024 economic assumption forecasts are found here: Detailed_forecast_tables_Economy_March_2024.xlsx (live.com)
Economic Secretary (HM Treasury)
British Investment International (BII) is a core part of the Government's partnership with private finance to mobilise investment into emerging markets, unlocking economic growth and sustainable development. A central component of their role is a new £100m Mobilisation Facility announced by the Prime Minister at the UN General Assembly in October. As the press release describes, BII launched a Call for Proposals in January to partner with investors in the City of London to source the strongest concepts into which this Facility will invest to enable commercial investment to flow at scale into developing countries.
As the Prime Minister said in October, BII expects that the Mobilisation Facility will mobilise hundreds of millions of pounds into emerging markets. The Facility is monitored through Foreign, Commonwealth and Development Office's (FCDO) regular governance arrangements with BII, as its sole shareholder. These arrangements require BII to report to FCDO regularly, including through a formal annual report. In addition, the performance of the facility will be monitored and measured through an annual review process that FCDO conducts on all of its programmes. This annual review will further assess the progress, effectiveness, and value for money of the facility.
In line with the Climate Change Act 2008, the Government will respond to the Climate Change Committee’s Seventh Carbon Budget Advice and set the seventh carbon budget in law by 30 June 2026.
The Government will set out policies to support delivery of the seventh carbon budget as soon as reasonably practicable after this.
Chief Secretary to the Treasury
In line with the Climate Change Act 2008, the Government will respond to the Climate Change Committee’s Seventh Carbon Budget Advice and set the seventh carbon budget in law by 30 June 2026.
The Government will set out policies to support delivery of the seventh carbon budget as soon as reasonably practicable after this.
Chief Secretary to the Treasury
The Government published Tax Impact and Information Notes (TIINs) assessing the impacts of the 2025/26 and 2026/27 Air Passenger Duty rates:
Air Passenger Duty: rates from 1 April 2025 to 31 March 2026 - GOV.UK
Air Passenger Duty: rates from 1 April 2026 to 31 March 2027 - GOV.UK
The OBR certified costing of the changes includes a behavioural effect to account for the change in flights taken resulting from the change in the tax rates.
Chief Secretary to the Treasury
The National Wealth Fund remains operationally independent in its day-to-day activities and its investment committees make investment decisions based on the merits of each opportunity. All investments should align with its objectives and investment principles.
As the sole shareholder, it is right that the National Wealth Fund should be responsive to Treasury ministers’ requests to consider investment proposals. In particular, it may consider investments in emerging government priorities that are facing access to finance gaps. However, final decisions will be subject to the National Wealth Fund’s operating framework and investment principles.
Chief Secretary to the Treasury
The Government recognises the vital role hospices play in supporting people at the end of life and their families. The Government will provide support for departments and other public sector employers for additional employer National Insurance costs only. Private sector firms or charities including hospices or social care providers that are contracted by central or local Government will not be exempt from these changes. This is the usual approach the Government takes to supporting the public sector with additional employer National Insurance contributions as was the case with the previous Government’s Health and Social Care Levy.
The Government is determined to shift more healthcare into the community and ensure patients and their families receive high-quality, personalised care in the most appropriate setting, and hospices will have a big role to play in that shift.
Integrated Care Boards are responsible for the commissioning of palliative and end of life care services to meet the needs of their local populations; where ICBs provide funding, they will work with hospices to agree funding arrangements through the normal contracting process.
The Government has recently announced that we are supporting the hospice sector with a £100 million boost for adult and children’s hospices to ensure they have the best physical environment for care, and £26 million revenue to support children and young people’s hospices. We will set out the details of the funding allocation in due course.
Chief Secretary to the Treasury
The National Wealth Fund (NWF) is at the forefront of investing public money and will work in close partnership with other public financial institutions, including the British Business Bank.
The UK’s public financial institutions each target specific market failures and finance gaps to drive growth. The Government is strengthening strategic coordination across these institutions, including by creating the Strategic Public Investment Forum.
This CEO-level forum will consider how to leverage the institutions’ different expertise to best support investment and collectively identifying opportunities for greater effectiveness and coherence in the landscape.
Chief Secretary to the Treasury
The National Wealth Fund is operationally independent and has delegated authority to make investment decisions, subject to those investments meeting certain conditions agreed with HM Treasury. An investment made by the National Wealth Fund would need to have satisfied its investment principles and internal approval processes.
Minister of State (Chief Secretary to the Prime Minister)
The National Wealth Fund has made financing available for new investment projects in Grangemouth, subject to viable proposals coming forward. This financing will help unlock Grangemouth’s full potential and secure our clean energy future. Any investment made into Grangemouth by the National Wealth Fund would be subject to the investment satisfying the National Wealth Fund’s normal requirements for investable proposals.
Minister of State (Chief Secretary to the Prime Minister)
The National Wealth Fund considers business cases for investments on a case-by-case basis, supporting proposals that fall within the scope of its mandate and investment principles. An investment made by National Wealth Fund would need to have satisfied its investment principles and internal approval processes.
The National Wealth Fund has delegated authority to make investment decisions, subject to those investments meeting certain conditions agreed with HM Treasury.
Minister of State (Chief Secretary to the Prime Minister)
HM Revenue & Customs (HMRC) publish tax receipts and National Insurance contributions for the UK each month. This information is publicly available and currently presenting outturn up to January 2025.
The OBR publish forecasts for receipts and public spending in their Economic and Fiscal Outlook. The OBR are due to publish their latest outlook for the economy and public finances on 26 March 2025.
Chief Secretary to the Treasury
A full list of the tax measures announced at Autumn Budget 2024, including when the measures take effect, can be found in the Overview Of Tax Legislation And Rates on the gov.uk website.
Chief Secretary to the Treasury
The National Wealth Fund (NWF) and formerly the UK Infrastructure Bank, actively engages with various stakeholders to enhance the effectiveness and impact of its deals and local authority advisory services. By collaborating with a variety of stakeholders, the NWF ensures that its initiatives are well-informed and supported. This engagement is done through a variety of methods, including bilateral meetings, publications, consultations, and external events (including those hosted by the NWF). The mission of the NWF requires it to support rather than compete with the market and as such, they seek to engage openly with stakeholders.
More information about the engagement NWF undertakes with its stakeholders is set out on pages 73 to 75 of the Annual Report and Accounts National Wealth Fund Limited Annual report and accounts 2023-2024
Chief Secretary to the Treasury
The National Wealth Fund (NWF) and formerly the UK Infrastructure Bank, actively engages with various stakeholders to enhance the effectiveness and impact of its deals and local authority advisory services. By collaborating with a variety of stakeholders, the NWF ensures that its initiatives are well-informed and supported. This engagement is done through a variety of methods, including bilateral meetings, publications, consultations, and external events (including those hosted by the NWF). The mission of the NWF requires it to support rather than compete with the market and as such, they seek to engage openly with stakeholders.
More information about the engagement NWF undertakes with its stakeholders is set out on pages 73 to 75 of the Annual Report and Accounts National Wealth Fund Limited Annual report and accounts 2023-2024
Chief Secretary to the Treasury
The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank (UKIB) would be transformed into the National Wealth Fund (NWF), building on UKIB’s expertise and leadership. To empower the NWF to maximise mobilisation of private investment, the Chancellor committed to expanding the suite of financial instruments available to the NWF over time. Legislation enabling the NWF to issue the first of these new instruments, performance guarantees, will be laid for consideration by Parliament in this Financial Year.
The NWF is also collaborating with Government departments on new blended finance solutions which take on additional risk, crowd in private capital and support the most effective and catalytic use of public funds.
Economic Secretary (HM Treasury)
The most important constraint on the National Wealth Fund’s risk appetite is its economic capital risk budget, which limits the total risk exposure it can hold. The UK Infrastructure Bank had £22 billion of notional financial capacity and an economic risk capital budget of £4.5 billion. This was set by HM Treasury when UKIB was established. As part of UKIB's transformation into the National Wealth Fund, HM Treasury will agree a larger amount of economic risk capital, the details of which will be published in due course.
Economic Secretary (HM Treasury)
The National Wealth Fund (NWF) are currently revising their risk management framework to reflect changes made from the UK Infrastructure Bank’s strategic objectives, economic capital and risk appetite. A revised version will be published on the NWF website in due course.
Chief Secretary to the Treasury
The Government published the Corporate Tax Roadmap at Autumn Budget 2024. This Roadmap confirms the major features of the Corporation Tax regime for the duration of this Parliament. The Roadmap reflects the particular importance of Corporation Tax to significant business investment decisions. It also reflects the high appetite for policy stability on Corporation Tax following the considerable changes of approach in recent years.
Raising the revenue required to fund public services and restore economic stability meant the Government has had to take difficult decisions on tax, which is why we asked employers to contribute more. The Government recognises the need to protect the smallest employers which is why we have more than doubled the Employment Allowance to £10,500, meaning more than half of businesses with NICs liabilities either gain or see no change next year. Businesses will still be able to claim employer NICs reliefs including those for under 21s and under 25 apprentices, where eligible.
Chief Secretary to the Treasury
The Government is fully committed to the transition to electric vehicles. At Autumn Budget 2024, the Government announced £2.3bn of funding for the automotive sector up to 2030 to support the transition to Zero Emission Vehicles. The Government also announced £120m of funding in 2025-26 to support the purchase of new electric vans via the plug-in vehicle grant and to support the manufacture of wheelchair accessible ZEV vehicles.
The Government also provides favourable taxation rates. At Autumn Budget the Government announced new Company Car Tax rates for 2028-29 and 2029-30 which will maintain generous incentives to support electric vehicle take-up.
More widely, HMG provides a range of measures to support people to transition to Zero Emission Vehicles. For instance, over £200 million for 2025-26 was announced at Budget to accelerate EV chargepoint rollout, including funding to support local authorities to install on-street chargepoints across England.
Chief Secretary to the Treasury
The Government is committed to ensuring that older people are able to live with the dignity and respect they deserve, and the State Pension is the foundation of state support for older people. The Government is committed to the Triple Lock for the duration of this parliament, and in April 2025, the basic and new State Pension will increase by 4.1%. This means that pensioners on a full new State Pension will get a boost of £470 to their incomes from April this year. Over the course of this Parliament, the yearly amount of the full new State Pension is currently forecast to go up by around £1,900, based on the Office for Budget Responsibility’s latest forecast.
The previous Government made the decision to freeze the income tax Personal Allowance at its current level of £12,570 until April 2028. At our first Budget, we decided not to extend the freeze on personal tax thresholds, meaning they will rise with inflation from April 2028.
Chief Secretary to the Treasury
The National Wealth Fund (NWF) is the UK’s impact investor, mobilising billions of pounds of investment in the UK’s world-leading clean energy and growth industries. The British Business Bank (BBB) continues to be responsible for improving access to finance for SMEs, including new programmes to channel venture investment into the UK’s fastest growing, most innovative companies and closing the scaleup capital gap.
The NWF and the BBB work in close partnership to deliver the government’s industrial strategy in line with their respective mandates, maintaining a coordinated and complementary approach to tackling finance gaps and boosting economic growth. The government will continue to review how these institutions operate and interact with the market, government departments and each other to ensure that they are as effective as possible in mobilising private investment and delivering economic growth.
Economic Secretary (HM Treasury)
The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank would be transformed into the National Wealth Fund (NWF), This change took effect on that day. All UKIB staff were retained as part of the NWF.
To realise its ambition to catalyse more private investment and accelerate investable projects coming to market across the UK, the NWF will be expanding its team based at its headquarters in Leeds.
The number of roles at the NWF will be published in the “Staff Report” within the NWF’s Annual Report of Accounts, published following the end of this financial year.
Minister of State (Chief Secretary to the Prime Minister)
The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank would be transformed into the National Wealth Fund (NWF), This change took effect on that day. All UKIB staff were retained as part of the NWF.
To realise its ambition to catalyse more private investment and accelerate investable projects coming to market across the UK, the NWF will be expanding its team based at its headquarters in Leeds.
The number of roles at the NWF will be published in the “Staff Report” within the NWF’s Annual Report of Accounts, published following the end of this financial year.
Minister of State (Chief Secretary to the Prime Minister)
The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank (UKIB) would be transformed into the National Wealth Fund (NWF), building on UKIB’s expertise and leadership to go further to catalyse more private investment.
Processes relating to the rebranding to the NWF were managed and carried out by the NWF and were conducted within the NWF’s existing departmental budgets.
Minister of State (Chief Secretary to the Prime Minister)
The Department holds subscriptions to the following news services:
- Dow Jones Factiva
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- Daily Mail/Mail on Sunday + Daily Mail Plus
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- PoliticsHome
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Chief Secretary to the Treasury
The government is committed to maintaining an open and constructive dialogue with the oil and gas sector to support our energy security and ensure the sector plays its role in our clean energy ambitions.
In line with this I will chair the next Oil and Gas Fiscal Forum in the first quarter of next year. The date and location of the forum has not yet been confirmed.
Chief Secretary to the Treasury
The published operational costs represent a high-level cost estimate for the changes required to HMRC IT systems to deliver this policy change which follow a recognised standard methodology. HMRC do not provide detailed costs related to policy changes.
Separately, the revenue impacts of the changes to the rates of Capital Gains Tax (CGT) on carried interest from 6 April 2025 are included in the costings published in the main Autumn Budget 2024 document.
The CGT changes are the first step of a reform package that will put the tax treatment of carried interest on a fairer and sustainable footing, while preserving the competitiveness of the UK as a fund management fund. From 6 April 2026, the carried interest tax regime will move fully across to the Income Tax framework; this will be legislated in a future Finance Bill, which the House will have the opportunity to consider.
Chief Secretary to the Treasury
The Government has published information about the reforms to agricultural property relief and business property relief. In addition to the information highlighted in the Answer of 18 November 2024 to Question 13623 on Agriculture: Inheritance Tax, the Chancellor of the Exchequer provided further data in her recent letter to the Chair of the Treasury Select Committee. The letter is available at committees.parliament.uk/publications/45691/documents/226235/default/.
The Government has held meetings with a range of stakeholders, including the Tenant Farmers Association.
Chief Secretary to the Treasury
I can confirm that (a) non-residential agricultural buildings, (b) farm vehicles, (c) farm tools, (d) livestock and (e) chemicals and fertiliser stock are all included in the valuation of the agricultural and business assets of an estate.
Chief Secretary to the Treasury
The Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms, and further explanatory information at https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief. Around 500 estates across the UK are expected to be affected each year from 2026-27.
In accordance with standard practice, a tax information and impact note will be published alongside the draft legislation before the relevant Finance Bill.
Chief Secretary to the Treasury
The Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms, and further explanatory information at https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief. Around 500 estates across the UK are expected to be affected each year from 2026-27.
In accordance with standard practice, a tax information and impact note will be published alongside the draft legislation before the relevant Finance Bill.
Chief Secretary to the Treasury
The costing methodology for reforming agricultural property relief and business property relief from 6 April 2026 by maintaining 100% relief for the first £1m of combined assets and 50% relief thereafter, and 50% relief for “not listed” shares on the markets of a recognised stock exchange is published in the Autumn Budget 2024 Policy Costing Document on page 41:
Chief Secretary to the Treasury
2 Ministry of Housing, Communities and Local Government Questions
(View all Gareth Davies's MHCLG questions)My thoughts remain with householders and business owners impacted by flooding after the recent heavy rainfall, flooding is a devastating experience for all those affected.
Government support in the aftermath of flooding is only provided in exceptional circumstances and at present, overall, the scale of impacts is not sufficiently significant for the Flood Recovery Framework to be activated in any area. However, my officials continue to review impacts data and stand ready to support as appropriate.
Parliamentary Under-Secretary (Housing, Communities and Local Government)
Development Consent Orders can include provisions which allow the applicant to compulsorily acquire land, with applicants required to follow the process and procedures set out in the Planning Act 2008 and associated regulations.
Government guidance for applicants seeking authorisation for the compulsory acquisition of land reinforces that applicants should demonstrate that all reasonable alternatives have been explored. Applicants need to demonstrate that proposed interference with the rights of those with an interest in the land is for a legitimate purpose, and that it is necessary and proportionate.
The Secretary of State must be persuaded that the purposes for which an order authorises the compulsory acquisition of land are legitimate and are sufficient to justify interfering with the human rights of those with an interest in the land affected. These matters are considered by the Examining Authority during its examination and inform its recommendation to the Secretary of State.
Minister of State (Housing, Communities and Local Government)